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Q. The following is a report from a not-very-efficient BLS survey taker: "There were 90 people in the houses I visited. Twenty of them were children which is under the age of 16, 25 people had full-time jobs, and 10 had part-time jobs. As 10 retirees, 5 full-time homemakers, 9 full-time students over age 16, and 3 people who were disabled and cannot work. Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months, however." Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9722191

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